Internet: The 21st Century Railway
As the Internet becomes a more robust technology, companies naturally seek to monopolize on this relatively new innovation. In recent weeks, companies like Verizon, MetroPCS and Comcast seek to control their stake in the Information Highway, but the FCC is attempting to regulate their control. The linked article above discusses incidences where MetroPCS seems to block the use of Skype on their basic data plan and Comcast charges Level3 for streaming videos from Netflix. The companies claim that the FCC is stepping out of their authority by imposing Net Neutrality regulations, but it’s important to consider history of a similar technological boom.
Back in the 1800s, as the industrial revolution began to gain momentum, railroads and rail companies started to sprout up and grow all over England and the US. However, just as now with the communications companies seek to control their portion of the Internet, so too did the rail companies try to control their rails. In an effort to curb monopolistic practices, though, the US Government created the Interstate Commerce Commission (ICC).
While I’m a proponent of less government and more free enterprise, I also believe that commerce gone unchecked leads to price gouging and inequity of service availability. And this is what we’re beginning to see. I just hope that justice prevails.